Stock Market Crash

The stock market hit a record low today, plummeting over 680 points in a single day. It has fallen by around 5,000 points over the course of the year. We are not currently showing signs of recovery, and the market could continue to plummet. Some experts are calling this a slow crash, and expect stocks to crash completely. Many are also looking at this as a great opportunity. There are large numbers of solid businesses with very cheap stock right now, and new investors could easily turn huge profits if the stock market goes back up. We will have to wait and see how things continue to develop. America could either make a solid comeback or sink into a full scale depression.

Chinese Milk Poisons Thousands of Children

Now for more disturbing news. Melamine, an industrial chemical, was found to be contaminating milk and baby formula in China. This chemical is toxic and can cause kidney stones when consumed. It has already killed 4 infants and made over 6,200 sick. The milk was recalled and removed from shelves. Now thousands of worried parents are swarming outside child clinics awaiting checkups.

China is already known for its poor quality manufacturing and lax product testing but this goes too far. What worries me even more about the whole thing is that China exports huge quantities of food and material products to other countries. If we don't get some quality control at work, no one is really safe.